Under contract
Active Under Contract
1501 N Brea Blvd.
Fullerton CA, 92835
$3,700,000
$527.52 per sqft
Under contract
Active Under Contract
7,014 sqft
Condos
Built in 1992
Listed by Joseph Berkson with Marcus & Millichap RE Invest [email protected]
THE BEST RESIDENTIAL INVESTMENT OPPORTUNITY IN ORANGE COUNTY
Built in 1992, Hillcrest Senior Condominiums (age 55+) is an offering of 14 total, 1 bedroom rental units in a 68 unit condominium complex. It provides an investor with a truly unique investment opportunity to acquire a stable income stream, substantial rental upside, an outstanding location and the future opportunity to sell individually parceled units.
This offering provides investors unique ownership benefits rarely available in properties in this size range: freedom from direct ownership and responsibilities of common area management and maintenance and a broad range of common amenities such as multiple fitness rooms on each floor, a community room with a full kitchen, media center and pool table, a private park, a pool and spa and laundry rooms and restroom facilities on each floor of the complex.
The property is across from the scenic Hillside Park, filled with mature shade trees, a breathtaking historical fountain, large picnic areas and the "Hillcrest Stairs". Shopping, dining and golfing facilities are also conveniently located nearby as is St. Jude Medical Center and the historic Downtown Fullerton.
OC24191167
MLSⓇ ID
September 16, 2024
Listed
December 21, 2024
Updated
Map
1501 N Brea Blvd.
Fullerton CA, 92835
Interior Features
Total Stories
4
Interior Features
Balcony, Ceiling Fan(s), Tile Counters, Unfurnished
Appliances
Built-In Range, Dishwasher, Disposal, Gas Range, Water Heater
Laundry Description
Common Area
Floor Description
Carpet, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Electric
Heating
No
Exterior/Building Features
Lot Size
1.82 Acres
Exterior Features
Barbecue
Lot Features
36-40 Units/Acre, Close to Clubhouse, Irregular Lot, Near Public Transit, Sprinkler System, Trees
Architectual Style
Contemporary
Roof
Flat
Sewer
Public Sewer
Other Property Details
Area Name
83 - Fullerton
Days on Market
96
Association Fee
$4,004
Association Fee Frequency
Monthly
Association Amenities
Billiard Room, Clubhouse, Controlled Access, Fitness Center, Meeting Room, Management, Meeting/Banquet/Party Room, Maintenance Front Yard, Barbecue, Pool, Spa/Hot Tub, Trash
Garage
No
Parking
None
Parking Total
0
View
Yes
View Description
Park/Greenbelt, Hills
County
Orange
Water Source
Public
Pool
No
Pool Features
Gas Heat, In Ground, Association
Listing History
Date | Event | Price |
|---|---|---|
12/11/2024 | Under contract | — |
10/9/2024 | Price change | $3,700,000 -3% |
Listing Contact: 949-419-3200
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/21/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/21/2024 at 1:47 PM UTC